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20121202
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, something mr. obama disagrees with. >> we could probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need a balanced plan. that's what's best for the economy. that's what the american people voted for. that's how we're going to get it done. >> mr. obama's treasury secretary, tim geithner, went a step further, saying that the president would allow the nation to go over the fiscal cliff at the end of the year, if republicans don't agree to raise taxes on the wealthy. >>> and maybe abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the county clerk's office in seattle opened at midnight to accommodate couples eager to make history. there's another historic first in washington overnight. it is now legal to buy and possess pot. the law, though, bans p
refusing. after rejecting the obama administration proposal last week, house republicans offered an outline for $2.2 trillion in deficit reduction, mostly through spending cuts. and while president obama would not answer questions about the counterproposal -- >> no deal better than a bad deal, sir? >> reporter: -- a senior white house official assailed it as a step backward, saying if republicans do not agree to some higher rates for wealthier taxpayer, the nation will go over the cliff, and the american people will hold the republicans responsible. wall street remains optimistic a deal will be struck. so the lack of progress is not yet resulted in a market plunge. but some economists estimate that because of the uncertainty posed by the fiscal cliff, at least 200,000 fewer jobs have been created this year. the official deadline is december 31st at midnight when the ball drops in times square. the deadline is before that, a week from friday when the house of representatives is scheduled to go on vacation. in actuality there are fewer than 11 days before they need to work out a deal. jake ta
Search Results 0 to 1 of about 2